Exhibit 1 RIGHTS AGREEMENT THIS RIGHTS AGREEMENT, dated as of December 12, 1996 (the "Agreement"), between Owens Corning, a Delaware corporation (the "Company"), and The Chase Manhattan Bank (the "Rights Agent"), W I T N E S S E T H : WHEREAS, the...Rights Agreement • December 19th, 1996 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods • Delaware
